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New Jersey Senate Republicans Propose Responsible Budget

Tax Relief
Tax Relief ( Photo: Boston 25 News )

Republicans in the New Jersey Senate are calling for more tax cuts, debt relief, and more transparency in the state budget.

Tax Relief

Tax Relief ( Photo: New Jersey Monitor )

Proposals submitted by Republicans on the Democratic-controlled Senate Budget and Appropriations Committee offer more than $6 billion in new tax cuts

The Republican proposal comes amid fears of a government shutdown, as Mr. Murphy and the Democrats who control the state legislature are at odds over next year’s budget, which needs to be approved by June 30.

State Senator Michael Testa said Murphy’s budget “spends hundreds of millions of dollars on projects focused on several Democratic-dominated areas” while ignoring other communities. said there is. “This is the best way to spur economic growth to put money back into New Jersey’s taxpayers’ pockets and end the political favoritism that has dominated state funding in recent years,” he said.

Senator Declan O’Scanlon said the “comprehensive and responsible” plan would add $4.3 billion in property tax relief

Stop toll hikes and payroll tax hikes, pay more government debt, introduce smart spending controls, and restore transparency and equity in government spending.

In his explanation, he said, With a huge budget surplus and billions more allocated for debt and pandemic relief funds, the state has unprecedented financial resources, and the Murphy administration will meet the needs of New Jersey.


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